6.4 due Monday nov 13 17

Difficult:

I feel like this section was rather poorly written, honestly. There were a lot of very big formulas flying around, most of which I have no idea where they came from, and more importantly I have absolutely no idea what the prior or posterior distributions are, or rather where we found them. No idea.

Application:

Well, to be fair I think this section is talking about taking a set of iids and making them into a probability distribution, or something like that. Given that that is the case, it would seem that, much like with the LOLN, we can use these new distributions to tell us things about the (perhaps incomplete) information that we already had.

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